Azerbaijan to move to DSGE model

mathematics

The National Bank of Azerbaijan is developing a dynamic stochastic general equilibrium (DSGE) model to chart the progress of the Eurasian economy's development, the central bank's deputy head of research on Wednesday told CentralBanking.com.

The model, which is expected to be complete by mid-November, consolidates various models employed by the central bank, said Vugar Ahmadov, its deputy director of research. "We are calibrating the model and looking at preliminary simulations," Ahmadov said, a

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